“Saudis Collected 3.5 Million Gold Coins from Iran Market”

“Saudis Collected 3.5 Million Gold Coins from Iran Market”

Reported by HPMM Group according to IRAN FRONT PAGE ;  An Iranian lawmaker claims the Saudis have sent agents to Iran to collect some 3.5 million gold coins from Iran and transfer them to Iraq in a bid to disrupt the Islamic Republic’s economy. The claim was made by Javad Karimi Qoddosui, a member of the Iranian […]

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US to impose extra tariffs on $200b of Chinese imports

US to impose extra tariffs on $200b of Chinese imports

  Food products made by Chinese companies Yinlu, Xufuji and San Xiao are displayed in this picture illustration taken on June 21, 2018. (Photo by Reuters) Washington says it has decided to impose 10 percent tariffs on an extra $200 billion worth of Chinese imports after efforts to negotiate a solution to the trade dispute […]

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Trade wars risk sparking mass currency devaluations

Trade wars risk sparking mass currency devaluations

Rising global trade tensions are morphing into a conflict fought with currency devaluations that historically have proven even more important than tariffs in influencing economic growth and financial markets. If this trend continues, the ultimate impact will likely be negative for asset valuations, Bloomberg wrote. Reported by HPMM Group according to IRAN DAILY ;    This shift, which […]

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French firms seeking ways to continue cooperation with Tehran

French firms seeking ways to continue cooperation with Tehran

Given the six-month deadline set by US president for the departure of foreign companies from Iran, currently, many major European firms, such as the French Renault Group, are seeking a way to remain in the Iranian market and continue cooperation with the country. Reported by HPMM Group according to IRNA ; This comes as the decision to be […]

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Stock market index gains 12,583 points in 55 days

Stock market index gains 12,583 points in 55 days

Reported by HPMM Group according to TEHRAN TIMES  ;  Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 12,583 points to hit 108,872 points during 55 days since the beginning of current Iranian calendar year (March 21), Mehr news agency reported on Friday. As reported, 58.555 billion securities worth 156.957 trillion rials (about $3.719 billion) were traded through […]

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Empower a German ‘Iran Bank’ to save Iran’s nuclear deal

Empower a German ‘Iran Bank’ to save Iran’s nuclear deal

The prospect of securing major private-sector investments could offer Iran an incentive to uphold its side of the nuclear agreement despite Washington’s withdrawal. Laura von Daniels argues that a private German Iran Bank could do the trick. Reported by HPMM Group according to IRNA  ;    The EU has been seeking responses since Washington pulled out of the […]

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Tehran Establishes Coordination Commission to Counter US ‘Psychological Warfare’

Tehran Establishes Coordination Commission to Counter US ‘Psychological Warfare’

Reported by HPMM Group according to ASHARQ AL-AWSAT ;   Iranian President Hassan Rouhani, heading a high-level economic coordination meeting in the presence of parliamentarians and judges, decided on forming a joint committee to counter what Tehran labels as US propaganda and psychological warfare. According to the ISNA government news agency, the motive behind establishing the psychological war […]

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Senior Iranian officials meet to study economic issues

Senior Iranian officials meet to study economic issues

 Reported by HPMM Group according to TEHRAN TIMES  ;    The Supreme Council for Economic Coordination convened on Tuesday to assess the country’s economic issues now that the United States has withdrawn from the international nuclear agreement and plans to reinstate sanctions on Iran. The council was headed by President Hassan Rouhani, Parliament speaker Ali Larijani and […]

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Oil minister says agreement at OPEC unlikely

Oil minister says agreement at OPEC unlikely

Reported by HPMM Group according to MEHR NEWS  ;   Iranian Oil Minister Bijan Zanganeh has expressed doubt that the OPEC meeting in Vienna would conclude with consensus among the participating members, as Iran intends to veto Saudi Arabia’s proposal to increase oil production. Speaking to reporters upon his arrival to Vienna, Bloomberg quoted Bijan Namdar Zanganeh, the […]

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Construction of Iran’s longest freeway to be completed in 2 years

Construction of Iran’s longest freeway to be completed in 2 years

 The construction of Iran’s longest freeway is planned to be completed within the next two years, according to the deputy director for construction and development in Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC). Reported by HPMM Group according to TEHRAN TIMES ;  Seyed Hassan Mirshafi’ said this freeway with the length of 700 kilometers will […]

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